Merchant

One of the nation's largest non-profit colleges is facing an FTC investigation for allegedly deceptive marketing practices.

TransUnion Corp. reported its second-quarter revenue increased 16% in the company's first quarterly financial report since its initial public offering.

West Virginia Attorney General Patrick Morrisey is looking into hiring a lawyer licensed in California to collect a $13.8 million judgment against loan company CashCall Mortgage.

More than a third of small-business owners won't accept EMV chip cards by Oct. 1 — and don't plan to do so any time in the future – but they may change their minds if the decision costs them as little as $100 in fraud losses.

Capify, a New York-based global alternative financing company, has landed a partnership with e-commerce giant Alibaba to provide cash advances and loans to small and mid-sized businesses in Australia.

While tokenization does represent progress, it is important to consider whether tokenization is, in fact, enough to secure online payments. There are some vulnerabilities, and as cyber thieves grow more sophisticated, companies will have to continue to innovate better security solutions, as well as ensure the ones that are on the market are being used as effectively as possible.

The Consumer Financial Protection Bureau on Tuesday charged Paymap Inc. and LoanCare LLC with deceiving consumers.

Nearly a year to the date since he left his role as CEO of NetSpend, Dan Henry may have found the new "aha moment in payments" he said he would seek as the next chapter in his career.

Some Democratic lawmakers want to help consumers fight back against creditors. The Consumer Reporting Fairness Act, introduced by Sen. Sherrod Brown, D-Ohio, would make it easier to fix inaccurate credit reports.

Professional race car driver Scott Tucker is working on settling a Federal Trade Commission lawsuit accusing him of involvement in a payday lending scheme.